TokyoYen touched 162 per dollar, unseen since 1986.
Japan offshored its factories decades ago, analysts say, dulling the weak-yen export boost; a rate gap with the US drives carry-trade selling.
Finance Minister Katayama threatened intervention; ¥11.73 trillion spent in 2024 bought only weeks, Finance Ministry data show.
Sources: 朝日新聞デジタル, Forbes, The Times of India